Delta Galil Industries (ADR) is a NASDAQ listed security that has been trading in a range between $6.20 and $10.58 over the past year. With 18,740,880 shares outstanding, a recent price of $6.75 gives a total market capitalization of $126,500,940. While there are certainly larger companies, Delta Galil Industries (ADR) has definitely earned its place in the pack. Last year, Delta Galil Industries (ADR) created $-0.48 in earnings for every share outstanding.
Delta Galil Industries (ADR) is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, Delta Galil Industries (ADR) is unlikely to be an interesting value proposition. Consistent earnings are the key to high valuations and this security is not on its way.
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